The Federal Budget and You

The Federal Budget and You

On April 7, 2022, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2022: A Plan to Grow Our Economy and Make Life More Affordable, to the House of Commons. No changes were made to personal or corporate tax rates, nor...
Ontario Staycation Tax Credit for 2022

Ontario Staycation Tax Credit for 2022

The provincial government’s “staycation tax credit” is now in effect for Ontarians who plan getaways within the province this year. The temporary Ontario Staycation Tax Credit for 2022 aims to encourage Ontario families to explore the province, while...
Canada Recovery Hiring Program (CRHP)

Canada Recovery Hiring Program (CRHP)

The 2021 Federal Budget introduced the new CRHP which would provide eligible employers with a subsidy of up to 50% of the incremental remuneration paid to eligible employees in respect of June 6, 2021 to November 20, 2021. The higher of the Canada Emergency Wage...
COVID-19 Update

COVID-19 Update

Based on the announcement on Tuesday, January 12, 2021, the Ontario Government has implemented enhanced measures/restrictions and issued an order requiring residents to stay home starting Thursday at 12:01am for the next 28 days. Ontarians are asked only to leave home...
Important Deadlines in 2021

Important Deadlines in 2021

There are some important deadlines in the next couple of months that we want you to be aware of. My Business Account If you have not yet created a My Business Account, we encourage you do so through the CRA website. It is a way to access your accounts securely and...

Job Posting – Accounting Technician

This position has been filled. Thank you to all applicants. Since 1990 Davies & Associates has been providing business advisory and accounting services in Kingston and the surrounding area. As trusted advisors, we truly care about building long-term relationships...